Hari&Co Sold to Groupe Avril
Hari&Co Sold to Groupe Avril
Transaction
Overview
Spayne Lindsay is delighted to announce that it has advised the shareholders of HARi&CO, a 100% plant-based food and ready meals producer, on the sale of a majority stake in the business to Groupe Avril, a leader in the vegetable oil and protein sector in France.
Founded in 2014 by two agricultural engineers, HARi&CO is a mission-driven company committed to leading the food transition toward plant-based protein with gourmet, healthy and innovative products. All of HARi&CO’s products are based around pulses (lentils, chickpeas and beans) and are organic, clean-label, additive free and 100% plant based. With more than 35 employees, HARi&CO is present in mass distribution in more than 5,000 stores, including the collective catering sector.
“We are very enthusiastic about this new step taken by HARi&CO. We share common commitments with Avril, which will allow us to develop HARi&CO while remaining true to our values. This operation is a real boost to our ambition to become the key player in plant-based cuisine. We are more than ever invested in this new stage of our entrepreneurial adventure, which promises to be exciting!”
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